Germany warns of Lehman-like contagion from Russian gas cuts

Mining News Pro - Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis.

Alamos Gold kicks off production at new Mexican mine

Mining News Pro - Canadian miner Alamos Gold has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.

Australia’s opposition party flags more ambitious emissions goal

Mining News Pro - Australian opposition leader Peter Dutton indicated his group will set a target before the next election for a bigger cut in emissions, but said that coal and gas should continue to be “a part of the mix.”

Sabanour’s main branding strategy is increasing the quality

Mining News Pro - Ardeshir Sadmohammadi, visited Sabanour Mining Company’s developing projects.

Iran Alumina plans for a 350 thousand tons of aluminum export

Mining News Pro - The CEO of Iran Alumina Company announced plans to export 350,000 tons of aluminum ingots this year.

Total, Adani team up for multi-billion dollar Indian hydrogen plans

Mining News Pro - French oil giant TotalEnergies SE and Indian billionaire Gautam Adani’s conglomerate are partnering to fund billions of dollars worth of green hydrogen development in India as the world’s third-largest polluter seeks to decarbonize.

Navigating mining challenges on the road to America’s EV future

Mining News Pro - As the US accelerates the transition to the electric vehicle (EV) era and a greener economy, obtaining the minerals and metals required for EV batteries remains a challenge.

NICICO has been placed among the most valuable companies in Iran

Mining News Pro - NICICO has been placed among the most valuable companies in Iran’s commodity exchange market.

Biden keeps funds flowing to build US electric vehicle supply chain

Mining News Pro - President Joe Biden has taken lots of heat for stoking inflation with government spending. It’s not stopping him from keeping the spigot open to fund a domestic electric vehicle supply chain.

Esfahan Steel products on the way to Pakistan

Mining News Pro - Pakistan, Iran's neighbor country with a population of 220 million, is a potential market for a variety of Iranian products, including steel products.

A memorandum of understanding has been signed between MSC and NIGC

Mining News Pro - Mobarakeh Steel has signed a memorandum of understanding has been signed with National Iranian Gas Company and Persian Gulf Petrochemical Industries.

If Tesla isn’t good enough for an ESG index, then who is?

Mining News Pro - Tesla Inc.’s removal this week from an industry benchmark index is raising new questions about what ESG actually means to investors.

Peru fails yet again to broker truce allowing Las Bambas mine restart

Mining News Pro - Peru’s prime minister on Thursday failed to broker a deal with indigenous communities to allow for the restart of operations at MMG Ltd’s Las Bambas copper mine, the government’s fourth failed negotiation attempt.

China, US are racing to make billions from mining the moon’s minerals

Mining News Pro - “There’s going to be a new world order out there, and we’ve got to lead it,” US President Joe Biden said after Russia’s war in Ukraine upended global geopolitics. Far from Earth, that transition is already happening.

Peru economy grows 3.79% in March, weighed down by mining protests

Mining News Pro - Peru’s economy grew 3.79% in March compared with a year earlier, the country’s statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production.

Chile copper mines dodge radical changes as Convention vote ends

Mining News Pro - Major copper producers from BHP Group to Freeport-McMoRan Inc. will likely avoid drastic changes in the way they do business in Chile as writers of a new constitution wrapped up deliberations on mining proposals.

Hochschild Mining earmarks $200m to build gold mine in Brazil

Mining News Pro - Precious metal producer Hochschild Mining (LON: HOC) will invest about $200 million to build the Posse gold mine in Brazil, a project added to its portfolio last year through the acquisition of Amarillo Gold.

Families desperately await news of Burkina miners trapped for 26 days

Mining News Pro - The families of eight missing miners in Burkina Faso desperately awaited news from rescue teams continuing on Thursday to locate the men who have been stuck underground for 26 days.

Peru to increase public spending in mining regions to curb social conflicts

Mining News Pro - Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday.

Communities protesting against Las Bambas set up new conditions to negotiate with Peruvian government

Mining News Pro - The farming communities that have been blockading MMG’s Las Bambas copper mine in Peru since April 14, 2022, say they won’t meet with the Presidency of the Ministers’ Council (PCM) to discuss an end to their protest unless the Executive complies with a series of conditions.

Glencore to invest $200m in battery recycling firm Li-Cycle

Mining News Pro - Glencore has inked a deal with Toronto-based Li-Cycle Holdings to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries.

Oil drops as China lockdowns overshadow Russian output risk

Mining News Pro - Oil fell as lockdowns across China countered looming European Union measures to limit purchases of Russian fuel.

Chile’s climate scientist minister eyes tougher rules for top copper mining nation

Mining News Pro - Chile’s Environment Minister Maisa Rojas, a leading climate scientist with a PhD from Oxford who made the leap into politics this year, is on a mission to strengthen the Andean country’s environmental rules and hold mining firms to account.

Rubio questions Volkswagen’s ties to metal suppliers in China over human rights

Mining News Pro - US Senator Marco Rubio is seeking information from Volkswagen AG about a pair of planned joint ventures with companies accused of having a record of alleged human rights violations such as forced labor and human trafficking.

Teck Resources strikes deal to earn into Chile copper project

Mining News Pro - Australia’s Golden Rim Resources has executed an option and joint venture agreement with Teck Resources, Canada’s largest diversified miner, to develop the Loreto copper project in Chile.

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